Reasons to invest in bitcoin
n the year 2017, Bitcoin was something everybody was talking about. It was one of the most incredible years for Bitcoin investors where they witnessed 1350% return as the crypto-currency climbed all the way up to $20,000 in December 2017. In the year 2018 however, things became quite different as Bitcoin lost around 70% of its value and dropped from $14,000 on January 1 to less than $4,000 at the end of that year.
Many people are therefore still confused – and perhaps rightly so – as to whether the Bitcoin has already hit the bottom-low mark or not.
Let us share with you today some solid arguments that may help you remain positive about Bitcoin investment. In fact, we would add it may just be quite advisable to purchase Bitcoin during the current year.
Bitcoin Is Being Adopted at the Global Scale
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https://www.todaytechmedia.com/bitcoin/
The fact remains despite widespread skepticism that ensued from the devastating drop in the value of Bitcoin in 2018, people around the world are still inclined to invest in Bitcoin. The number of Blockchain wallets thus continued to increase throughout last year. According to a survey, the number of Bitcoin Wallets increased from 22 to 32 million during the past year. And this hike quite obviously suggests peoples’ interest in Bitcoin has not really dwindled away despite major fluctuations in the value of the crypto-currency.
Apart from that, the trading volumes during one of the leading peer-to-peer Bitcoin exchanges suggests the adoption of Bitcoin in the emerging markets has definitely been on the rise. During 2018 South American countries including Argentina, Chile, Peru, and Colombia, as well as many others, reflecting a significant increase in Bitcoin trading.
The Wall Street Is Show
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